ATM Makers Get First Look At New $10Bills

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WASHINGTON - (04/12/05) -- The Federal Reserve and the Bureauof Engraving and Printing have started working with ATMmanufacturers to make sure they are ready for the new $10 bill. Theredesigned notes will be issued in early 2006 as part of theFederal Reserve's attempt to thwart counterfeiters. ATMmanufacturers were invited to the Bureau of Engraving's ForthWorth, Texas, plant last month and brought their ATMs along withthem to test the bill on their machines. The Bureau of Engraving'spolicy is to give ATM manufacturers advance information about newbill designs, so they can make the necessary technical adjustmentsto their machines. The note tested at Fort Worth only containedaround 50% of the new features that eventually will appear in theredesigned bill. In mid-July, the Bureau of Engraving and Printingwill invite ATM manufacturers to its facilities at Fort Worth andWashington, to pick up a copy of the fully redesigned thebill.

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